When Analyzing Direct Materials Price and Quantity Variances, the Responsibility

question 3

Multiple Choice

When analyzing direct materials price and quantity variances, the responsibility typically lies with

• A)controller and CFO.
• B)purchasing manager and production manager.
• C)purchasing and cost accounting manager.
• D)sales manager and production manager.

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Definitions:

Hypothalamus

A region of the brain responsible for producing hormones that control body temperature, hunger, moods, release of hormones from many glands, especially the pituitary gland, sleep, and thirst.

Appetite

The natural desire or urge to eat, which is regulated by physiological mechanisms in response to the body's energy needs.

Muscular Coordination

The ability to use different muscles together smoothly and efficiently to perform movements.

Cerebellum

A region of the brain that plays a significant role in motor control, coordination, and balance.